The steel prices keep decreasing as the demand is not improved. Meanwhile, China Steel Corp (CSC) announced to drop its wire rod price for July and August, making Taiwan's screw mills adjust and further decline their prices. According to screw industry, the screw export prices are difficult to rebound recently. Therefore, it is expected that the screw export prices for the second half of 2013 will be lower than H1 of this year.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=64851&division=A2
